Property News

Singapore hotels: A legacy of resilience

https://www.facebook.com/asianprimegroup/ Investing in commercial property?Office and retail assets diverge a lot by location and tenant mix. Happy to help you assess a specific asset or the market you are looking at.WhatsApp SherrySherry Tang · AsianPrime Properties · CEA Reg. R020241C · Agency Licence L3010623G By Mike Batchelor,CEO/ JLL Hotels & Hospitality Asia|February...

Homely charm, quiet surroundings and plenty of space in a Sunset Way bungalow

By Timothy Tay/ EdgeProp Singapore|February 28, 2020 9:30 AM SGT SINGAPORE (EDGEPROP) - A bungalow in the landed housing estate along Sunset Way has been the family home for a Permanent Resident and his family for the past 10 years. But the house has recently been put on the market as the owner’s wife and children have returned to their home country. The freehold bungalow sits on an elevated 10,498...

The Porcelain Hotel in Chinatown up for sale at $115 mil

By Valerie Kor / EdgeProp Singapore | February 27, 2020 4:10 PM SGT The four-storey Porcelain Hotel is up for sale under an Expression of Interest exercise that closes on 27 March. (Photo: The Porcelain Hotel) SINGAPORE (EDGEPROP) - The Porcelain Hotel in Chinatown is up for sale at a guide price of $115 million, or $2,950 psf on the gross floor area. The 138-key, 99-year boutique hotel occupies a...

CDL’s profit rises 12.5% in 4Q2019 after bumper year of six residential project launches

By Valerie Kor / EdgeProp Singapore | February 27, 2020 9:35 AM SGT CDL executive chairman Kwek Leng Beng (right) and group CEO Sherman Kwek at the group’s 2019 results briefing on Feb 26 at M Hotel Singapore (Photo: City Developments Limited) SINGAPORE (EDGEPROP) - City Developments (CDL) rounded off 4Q2019 with a strong performance of a 12.5% increase in profit to $87.7 million. Overall, the...

Colliers outlines real estate opportunities by referencing trends during SARS outbreak

By Valerie Kor / EdgeProp Singapore | February 26, 2020 5:30 PM SGT Colliers recommends various property sectors to accelerate technology adoption. (Picture: Unsplash) SINGAPORE (EDGEPROP) - To assess how Singapore’s real estate markets will be impacted due to the ongoing virus outbreak, Colliers International’s new research report references market performance during the SARS outbreak in 2003....

Ascendas Reit divests Changi South warehouse for $20.3 mil

By Timothy Tay|February 24, 2020 7:51 PM SGT SINGAPORE (EDGEPROP) - Ascendas Real Estate Investment Trust (Ascendas Reit) has entered into a sale and purchase agreement to divest its warehouse property at 25 Changi South Street 1 for $20.3 million. According to Ascendas Funds Management (S), the manager of Ascendas Reit, the buyer is convenience store chain Hao Mart. The two-storey, ramp-up building...

The M moves past virus worries with 70% of units sold

By Valerie Kor / EdgeProp Singapore | March 6, 2020 10:12 AM SGT SINGAPORE (EDGEPROP) - Wing Tai Asia announced that more than 360 units (70%) of the 522-unit condominium project, The M on Middle Road, were sold over the weekend of Feb 22-23. The average price achieved for units sold was $2,450 psf. More than 360 units (70%) sold at The M over the weekend, at an average price of $2,450 psf...

Unit at Watermark Robertson Quay reaps $1.47 mil profit

By Charlene Chin/ EdgeProp Singapore|February 21, 2020 7:58 AM SGT The seller of a unit at Watermark Robertson Quay, on Rodyk Street, made the top gain over the week of Feb 4 to 11 (Credit: Samuel Isaac Chua/ The Edge Singapore) SINGAPORE (EDGEPROP) - The seller of a unit at Watermark Robertson Quay, on Rodyk Street, made the top gain of $1.47 million over the week of Feb 4 to 11. The 1,916 sq ft...

Residential transactions with contracts dated Feb 4 to Feb 11 [DONE DEALS]

By EdgeProp Singapore / EdgeProp Singapore | February 21, 2020 8:00 AM SGT Original Article: https://www.edgeprop.sg/property-news/residential-transactions-contracts-dated-feb-4-feb-11-done-deals If you are looking to sell or purchase properties in Singapore, our team members can help you with Affordability Assessment and Asset Progression Plan. Call us now at +65 86666 944 or +65 9844...

Another push for Industry 4.0 amid coronavirus outbreak

By Dennis Yeo and Brenda Ong / Cushman & Wakefield | February 21, 2020 2:10 PM SGT Following the outbreak of the coronavirus, supply chains have undergone tremendous pressure. Recent reports document how the distribution of goods has been disrupted by factories in China shutting down on a massive scale and transport links being cut to contain the virus. Empty cargo barges on the Yangtze River in...

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